FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Sets New 1-Year High – Here’s What Happened

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $61.31 and last traded at $61.31, with a volume of 7948 shares changing hands. The stock had previously closed at $61.05.

FT Vest U.S. Equity Buffer ETF – February Stock Performance

The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 24.30 and a beta of 0.59. The company has a 50-day simple moving average of $60.65 and a two-hundred day simple moving average of $58.42.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – February

A number of institutional investors have recently added to or reduced their stakes in FFEB. Global Retirement Partners LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – February in the 4th quarter valued at about $29,000. First Horizon Corp acquired a new position in FT Vest U.S. Equity Buffer ETF – February during the fourth quarter worth approximately $34,000. Topsail Wealth Management LLC raised its stake in FT Vest U.S. Equity Buffer ETF – February by 333.3% in the fourth quarter. Topsail Wealth Management LLC now owns 650 shares of the company’s stock valued at $37,000 after buying an additional 500 shares during the period. Wells Fargo & Company MN raised its stake in FT Vest U.S. Equity Buffer ETF – February by 239.2% in the fourth quarter. Wells Fargo & Company MN now owns 960 shares of the company’s stock valued at $54,000 after buying an additional 677 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – February in the third quarter valued at approximately $84,000.

FT Vest U.S. Equity Buffer ETF – February Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FFEB was launched on Feb 21, 2020 and is managed by First Trust.